Otterbein, IN—47970
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Otterbein, IN
As of Oct '25, the median home price in Otterbein, IN is $213,000, with a year-over-year change of 4.3%. This indicates that home prices in Otterbein, IN are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $213,000 | 4.3% |
| Single Family | $213,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 6.8% |
3 Bed | $215,000 | 4.4% |
4 Bed | $309,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Otterbein, IN
Otterbein, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Otterbein, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Otterbein, IN is 40. This is a increase of 30.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $227,000 | 0.0% |
Listing Count | 9 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 40 | 30.0% |
Demographics — Otterbein, IN
As of the latest ACS Survey released in 2023, Otterbein, IN has a population of 2,630, which has increased by 43.9% over the past 5 years. Otterbein, IN is a popular place for families, as children make up 25.1% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,630 | 43.9% |
% Under 18 | 25.1% | -6.0% |
% Seniors | 14.5% | 23.9% |
% WFH | 3.8% | 171.4% |
% w/ College Degree | 25.6% | 13.8% |
As of the latest ACS Survey released in 2023, Otterbein, IN is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Otterbein, IN is hispanic, making up 3.7% of the population. Foreign-born residents account for 2.1% of the population in Otterbein, IN, and this percentage has increased by 75.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.4% | -4.7% |
% Black | 1.1% | 0.0% |
% Hispanic | 3.7% | -22.9% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 2.1% | 75.0% |
Mortgage and Risk — Otterbein, IN
Otterbein, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Otterbein, IN
Otterbein, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Otterbein, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $213,000 |
| Median Household Income | $72,500 |